Infosys CEO Sikka Has First Big Setback as Global IT Stalls

  • Shares slump by most in a single day since he took the reins
  • Disappointing results signal gloom for global IT spending

Vishal Sikka.

Photographer: Namas Bhojani/Bloomberg

Infosys Ltd. slashed its annual sales forecast, sending its shares down by the most in a single day since Vishal Sikka took the helm of Asia’s second-largest software services exporter.

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